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Biotech / Medical : WAND (Milestone Scientific) -- Ignore unavailable to you. Want to Upgrade?

To: markvan who wrote (570)	6/6/1998 9:30:00 PM
From: Ron Kline	Read Replies (1) \| Respond to of 717

I think its premature to say that the Wand is here to stay. I do think that the product has some advantage over what is already out there. But with an early stage company like MS I think there is a lot of risk in owning this company. It would be much better to wait a year out and really see how well this product is being accepted. I don't care if I buy the stock at $20 or $30 if I am much more sure that people are really using it and not just putting it on display in the back room as the conference kind of suggested can happen after they buy. The key which is the real unknown is are dentists going to accept this product on a large scale and use it not just buy it. Just as an example there was a company I worked for that made a dental fiber that cured periodontal disease that I thought was going to make this company rocket. It seemed like a no brainer idea and I was sure it was going to be a hit. Funny thing was that even though it worked ok the dentists never really wanted to change and accept this procedure. It took a lot of training and it just never took off. It's now 5 years later and still a very slow growing product adding very little to earnings. That was reality even though I was shocked how wrong I was. Lastly, Let's face it most people at this point that own this company are losing money, and they are hoping that their investment works out. I'm not sure that's the kind of odds you want to go in with when you are investing in a company. Yes if you end up right you will be fine and will probably do much better than me who buys when I see the company has proven itself. But if you are wrong you may be giving away your shares while I am happy I stayed away. But that's just my one opinion and everyone needs to decide for themselves how they want to invest their money. Ron